Shandon Joint Unified School District, California, Bond Issue, Measure K (November 2016)
| Measure K: Shandon Joint Unified School District Bond Issue |
|---|
|
| The basics |
| Election date: |
| November 8, 2016 |
| Status: |
 ApprovedMajority required: 55% |
| Topic: |
| Local school bonds Tax: $60 per $100,000 in value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 8, 2016 ballot measures in California Monterey County, California ballot measures Other counties |
| See also |
| Shandon Joint Unified School District, California |
A bond issue was on the ballot for Shandon Joint Unified School District voters in Monterey and San Luis Obispo counties, California, on November 8, 2016. It was approved.
| A yes vote was a vote in favor of issuing $3.15 million in bonds for school repairs. |
| A no vote was a vote against issuing $3.15 million in bonds for school repairs. |
A 55 percent supermajority vote was required for the approval of this measure.
A 55 percent supermajority vote was required for the approval of Measure K.
Election results
| Measure K
| ||||
|---|---|---|---|---|
| County: | Yes | No | ||
| Votes | % | Votes | % | |
| Monterey County | 45 | 63.4% | 26 | 36.6% |
| San Luis Obispo County | 375 | 74.4% | 129 | 25.6% |
| Totals: | 420 | 73.04% | 155 | 26.96% |
| Measure K | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 420 | 73.04% | ||
| No | 155 | 26.96% | ||
- Election results from Monterey County Elections Office and San Luis Obispo County Elections Office
Text of measure
Ballot question
The following question appeared on the ballot:[1]
| “ |
To repair leaky pipes, deteriorating septic systems, aging roofs and inefficient heating/air-conditioning; upgrade portable classrooms; install emergency communication systems and remove asbestos; and qualify for State matching funds at Shandon Elementary, Parkfield Elementary and Shandon High Schools; shall Shandon Joint Unified School District issue $3.15 million of bonds with interest rates below legal limits, annual audits, independent citizens’ oversight, all funds spent locally and no money used for administrative salaries or taken by the State and spent elsewhere?[2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Monterey County Counsel:
| “ |
This measure will determine whether the Shandon Joint Union School District (“the District”) may issue $3.15 million in bonds for the purpose of improving school facilities within the District. The measure, placed on the ballot by the District’s governing board (“the Board”), makes no changes to existing law and will become effective only if fifty-five percent (55%) of the voters vote “yes” on the measure. If approved, the measure will authorize the District to issue up to $3.15 million in general obligation bonds, to bear interest at a rate not to exceed the maximum permitted by law. School facility improvement projects to be funded by bond proceeds are included in the Bond Project List (in the full-text of the measure). In accordance with the law, the Board has certified that it has evaluated safety, class size reduction, enrollment growth and information technology needs in developing the Bond Project List. Revenue from bond sales will be used only to modernize, replace, renovate, construct, equip, acquire and rebuild District facilities, and not for any other purpose, including teacher and employee salaries and other school operating expenses. Approval of the bond measure does not guarantee that particular projects will be funded. Principal and interest on the bonds will be payable from the proceeds of ad valorem taxes levied annually on taxable real property within the District. These taxes would be in addition to the property taxes currently levied on taxpayers owning real property within the District. The amount of the increased taxes each year would depend upon the amount needed to pay the principal and interest on the bonds. The District’s Tax Rate Statement, which accompanies this analysis, reflects an estimate of the maximum property tax levies required to service the bonds. The actual tax rates may vary depending on the timing of sales, number of bonds sold, and increases in assessed valuations. Performance and financial audits must be performed annually to ensure that bond proceeds are spent only as specified in the measure. An independent citizens’ oversight committee will monitor expenditures and provide oversight. Bond proceeds will be deposited in a separate account. As long as any bond proceeds remain unexpended, annual reports will be filed with the Board stating the amount of funds collected and expended, and the status of the projects authorized by the measure. A “yes” vote on this measure is a vote in favor of the District issuing $3.15 million in bonds for the purposes set forth in the full-text of the measure. A “no” vote on this measure is a vote against the District issuing $3.15 million in bonds for the purposes set forth in the full-text of the measure. [2] |
” |
| —Monterey County Counsel[3] | ||
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Shandon Joint Unified School District, California.
Recent news
The link below is to the most recent stories in a Google news search for the terms Shandon Joint Unified School District Local school bonds. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
External links
Footnotes
- ↑ Monterey County Elections, "Notice of Local Measures," accessed October 24, 2016
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Monterey County Elections, "Voter Guide," accessed October 24, 2016
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